Axis Income Plus Arbitrage Passive FOF Fund Direct Growth

Axis Income Plus Arbitrage Passive FOF Fund Direct Growth is a hybrid fund. This fund was started on 12 November, 2025. The fund is managed by Karthik Kumar, Devang Shah, Hardik Satra, Aditya Pagaria. This fund gives you the benefit of diversification.

1. Axis Income Plus Arbitrage Passive FOF Fund Direct Growth has ₹138 Cr worth of assets under management (AUM) as on Dec 2025 and is more than category average.
2. The fund has an expense ratio 0.
   

Axis Income Plus Arbitrage Passive FOF Fund Direct Growth has given a CAGR return of 0.49% since inception.

Axis Income Plus Arbitrage Passive FOF Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Financial Services, Consumer Cyclical, Basic Materials, Communication, Industrial, Consumer Defensive, Health, Tech, Energy, Utilities, Real Estate, Government.

As it is a fund of funds mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To generate optimal returns over medium term by investing in passive debt oriented mutual fund schemes and arbitrage funds.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Income Plus Arbitrage Passive FOF Fund Direct Growth has no lock in period.